Ugly times in Tekkie Town as bitter dispute heads to court
Steinhoff Africa’s retail business filed a court order against former executives at shoe retailer Tekkie Town to prevent them setting up a rival operation.
Steinhoff Africa’s retail business filed a court order against former executives at shoe retailer Tekkie Town to prevent them setting up a rival operation.
Not even farm land earmarked for previously disadvantaged beneficiaries is safe from corrupt government officials, as a court case demonstrates.
The value of South African farmland has dropped by 33% in the first six months of this year. That’s before the ANC’s EWC policy.
The ANC pledged to tackle land reform responsibly as concerns mount over plans to change the constitution to allow for expropriation without compensation.
When government intervenes to keep petrol prices down one has to feel relief. However, an intervention such as this begs further questioning.
Sanlam CEO Ian Kirk has forthright advice for economic policy-makers challenged with extricating South Africa from its first recession in nine years.
The South African ruling party’s labour partner sees no need to change the country’s constitution to make it easier to expropriate land without compensation.
South Africa’s surprise recession provides an opening for opposition parties heading into next year’s elections against the ruling ANC. The question is whether they can capitalise on it.
More opposing voices are emerging in the battle over whether South Africa should change its Constitution regarding the expropriation of land without compensation.
South African President Cyril Ramaphosa suffered the same false start as his predecessor nine years ago: a recession in his first six months in office.